94 Black Wolf CtMagnoliaDE19962
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Magnolia at 94 Black Wolf Ct, Magnolia, DE, 19962 uses $191,873 cash to close to unlock $4,248/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $3,746/mo, and a $2,854/mo payment keeps the spread at $354/mo. Purchase price stands at $583,200, and rental yield measures 7.71% with $3,746/mo rent. Return on cash invested shows 22.27% in year one, and 5% annual appreciation builds toward $161,127 over five years. Five-year ROI reaches 114.99% and total cumulative return in cash records $220,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,746/mo property income covering a $2,854/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.18 Acres lot
$N/A/sqft
$18 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,236 (100%) |
| Owner Occupied HU | 4,190 (80.0%) |
| Renter Occupied HU | 864 (16.5%) |
| Vacant Housing Units | 182 ( 3.5%) |
| Median Home Value | $403,559 |
| Average Home Value | $400,849 |
Housing Distribution
Address Breakdown
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
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